July 2024 Monthly Market Update

Stock markets hit record highs during the middle of the month. The S&P 500 climbed to a record high on July 16th of 5,667. Volatility then spiked and the S&P 500 fell 8.5% since that high (through 8/5/2024). For the full month, the S&P 500 returned 1.2% and remains up a solid 16.7% on the year....